---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-030402"
form_type: "8-K"
ticker: "USAU"
cik: "0000027093"
company_name: "U.S. GOLD CORP."
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:57:29.483624+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# U.S. Gold reports positive PFS for CK Gold Project: pre-tax NPV $323M, IRR 39.4%

## Summary
- M+I resources: 1.58M AuEq oz; total reserves: 1.44M AuEq oz (1.01M oz gold, 248M lbs copper).
- 10-year mine life at 20,000 tons/day; avg annual AuEq production 108,500 oz (first 3 years 135,300 oz).
- Initial capex $221M; after-tax NPV (5%) $266M, IRR 33.7%, payback 2.2 years.
- AISC $800/oz AuEq; base metal prices: gold $1,625/oz, copper $3.25/lb.
- Company targets mine permit submission in 2022, approval in 2023.

## SEC filing metadata
- accession: 0001493152-21-030402
- form_type: 8-K
- ticker: USAU
- cik: 0000027093
- company_name: U.S. GOLD CORP.
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27093/000149315221030402/0001493152-21-030402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27093/000149315221030402/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-030402
- JSON: https://secwatch.observer/filing/0001493152-21-030402.json
- Plain text: https://secwatch.observer/filing/0001493152-21-030402.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.